Browsing Tag

housing market

27 posts

Subhash Ghai Sells Two Apartments in Mumbai’s Jogeshwari for ₹11.61 Crore

Veteran Bollywood filmmaker Subhash Ghai has sold two premium residential apartments in Jogeshwari, Mumbai, for a total of ₹11.61 crore. The properties, located in Splender Complex Co-op Housing Society Ltd. and registered under Mukta Tele Arts Private Limited, were officially recorded in March 2025. The sale highlights the rising demand for high-end real estate in Mumbai’s western suburbs, known for their excellent connectivity and accessibility to key commercial hubs.
Mumbai Records 15,501 Property Registrations in March 2025, Generating ₹1,589 Crore in Revenue

Housing Sales Plummet by 28% in Q1 2025 Across India’s Top 7 Cities

The Indian housing market witnessed a significant slowdown in Q1 2025, with sales across the top seven cities plunging by 28% Y-o-Y, according to ANAROCK Research. New launches also dipped by 10%, reflecting the impact of rising property prices and global economic headwinds. Despite the slowdown, property prices surged by 17% on average, with NCR and Bengaluru leading the increase.
India's booming housing sector

India’s Housing Loan Market Expands to ₹33.53 Lakh Crore, Registers 14% YoY Growth

India’s housing sector continues its upward trajectory, with the National Housing Bank (NHB) reporting that outstanding individual housing loans surged to ₹33.53 lakh crore as of September 30, 2024—a 14% YoY increase. The report highlights the evolving homebuyer preferences, regional credit disparities, and the impact of government schemes like PMAY and UIDF. With urbanization and digitization reshaping the real estate landscape, the sector remains poised for sustained growth in the coming years.
New home launches dominated sales in India's top 7 cities in 2024

New Home Launches Dominate Sales in Top 7 Indian Cities in 2024

India’s real estate market is witnessing a major shift, with newly launched homes accounting for 42% of total sales in 2024. Bengaluru and Chennai led with a 53% share of fresh supply absorption, while NCR saw remarkable growth in new project demand. As homebuyers prioritize affordability and future returns, leading developers are driving the trend with strategically located, well-planned projects.
RBI

RBI Cuts Repo Rate by 25bps: Lower Home Loan Interest for Homebuyers

The RBI’s 25 bps repo rate cut to 6.25% is a major boost for homebuyers, reducing EMIs and making housing more affordable. Developers also benefit from lower financing costs, driving project completion and market growth. Experts see this as a key step toward strengthening the real estate sector in 2025.